a. The aging of Torme Designs' accounts receivable is shown below. Calculate the amount of each periodicity range that is deemed to be uncollectible. If required, round your answers to two decimal places.

		Estimated Uncollectible Accts
Age Interval	Balance	Percentage	Amount
Not past due	$850,000	3.50%	$
1-30 days past due	47,500	5.00
31-60 days past due	21,750	10.00
61-90 days past due	11,250	20.00
91-180 days past due	5,065	30.00
181-365 days past due	2,500	50.00
Over 365 days past due	1,145	95.00
Total	$939,210		$

b. If Allowance for Doubtful Accounts has a credit balance of $1,135.00, record the adjusting entry for the bad debt expense for the year. Round your answers to two decimal places.

Dec. 31